HCMC – South Korean shipbuilding firm Hyundai Mipo has inked a memorandum of understanding (MOU) with Vietnam’s Ministry of Labor, Invalids, and Social Affairs to bolster human resource development in the shipbuilding sector.
The MOU, signed on December 12, outlined a collaborative effort where Hyundai Mipo will provide basic and advanced training in welding, painting, and electrical skills. Vocational training schools in Vietnam, designated by the ministry, will play a role in this initiative.
The primary aim of the program is to equip Vietnamese workers with the specialized skills needed in the shipbuilding industry. Furthermore, the ministry will work on identifying skilled labor and streamlining immigration procedures for employment in South Korea.
The comprehensive training program will also include basic Korean language instruction for participants who successfully complete the program. These trained workers will subsequently find employment in South Korean shipyards, including those operated by Hyundai Mipo, under the skilled labor visa category (E-7).
Hyundai Mipo has a successful history of collaboration with Vietnam, having attracted over 700 skilled workers to its shipyard in Ulsan City in southeast Korea.
The newly established MOU aims to address the persistent issue of workforce shortages in the shipbuilding sector, fostering stable production and contributing to the mutual growth of both countries’ shipbuilding industries.